Paragon Capital Management Inc. Has $1.55 Million Position in HF Sinclair Co. (NYSE:DINO)

Paragon Capital Management Inc. lifted its holdings in shares of HF Sinclair Co. (NYSE:DINO) by 24.9% in the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 44,084 shares of the company’s stock after buying an additional 8,800 shares during the period. Paragon Capital Management Inc.’s holdings in HF Sinclair were worth $1,545,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also recently made changes to their positions in DINO. Matrix Trust Co boosted its stake in shares of HF Sinclair by 122.4% during the third quarter. Matrix Trust Co now owns 576 shares of the company’s stock valued at $26,000 after purchasing an additional 317 shares in the last quarter. Capital Performance Advisors LLP bought a new stake in shares of HF Sinclair during the third quarter valued at approximately $27,000. Sugar Maple Asset Management LLC bought a new stake in shares of HF Sinclair during the fourth quarter valued at approximately $27,000. Millburn Ridgefield Corp bought a new stake in shares of HF Sinclair during the third quarter valued at approximately $50,000. Finally, Coastline Trust Co purchased a new position in shares of HF Sinclair during the third quarter valued at approximately $55,000. Institutional investors own 88.29% of the company’s stock.

Wall Street Analyst Weigh In

Several research analysts have weighed in on DINO shares. TD Cowen cut their price objective on HF Sinclair from $43.00 to $35.00 and set a “hold” rating on the stock in a research report on Wednesday, December 18th. UBS Group dropped their price objective on HF Sinclair from $58.00 to $55.00 and set a “buy” rating on the stock in a report on Monday, November 4th. Mizuho dropped their price objective on HF Sinclair from $50.00 to $45.00 and set a “neutral” rating on the stock in a report on Monday, December 16th. JPMorgan Chase & Co. lowered their price target on HF Sinclair from $51.00 to $50.00 and set a “neutral” rating on the stock in a report on Tuesday, December 10th. Finally, Barclays decreased their price objective on HF Sinclair from $42.00 to $37.00 and set an “equal weight” rating on the stock in a report on Monday, January 13th. Seven equities research analysts have rated the stock with a hold rating and six have issued a buy rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Hold” and an average price target of $51.00.

HF Sinclair Stock Up 6.7 %

DINO stock opened at $37.96 on Wednesday. The company has a debt-to-equity ratio of 0.24, a current ratio of 1.81 and a quick ratio of 0.90. The firm has a market capitalization of $7.14 billion, a PE ratio of 23.43 and a beta of 1.22. The company’s 50 day simple moving average is $36.67 and its 200-day simple moving average is $42.32. HF Sinclair Co. has a 12 month low of $33.47 and a 12 month high of $64.16.

Insider Activity

In other HF Sinclair news, CFO Atanas H. Atanasov purchased 5,000 shares of the firm’s stock in a transaction dated Thursday, December 19th. The stock was acquired at an average cost of $33.77 per share, with a total value of $168,850.00. Following the acquisition, the chief financial officer now owns 78,927 shares of the company’s stock, valued at approximately $2,665,364.79. This represents a 6.76 % increase in their position. The purchase was disclosed in a filing with the SEC, which is accessible through this link. Insiders own 0.28% of the company’s stock.

HF Sinclair Company Profile

HF Sinclair Corporation operates as an independent energy company. The company produces and markets gasoline, diesel fuel, jet fuel, renewable diesel, specialty lubricant products, specialty chemicals, specialty and modified asphalt, and others. It owns and operates refineries located in Kansas, Oklahoma, New Mexico, Utah, Washington, and Wyoming; and markets its refined products principally in the Southwest United States and Rocky Mountains, Pacific Northwest, and in other neighboring Plains states.